# PPP loan: THUNDER STUDIOS, INC
> **$398K** approved 04/14/2020 · Paid in Full · Loan `5730927102`
## Borrower
- **Name:** THUNDER STUDIOS, INC
- **Address:** 20434 S SANTA FE AVE, LONG BEACH, CA, 90810-1121
- **NAICS:** 512110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $402K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $298K
- **Mortgage interest:** $76K
- **Utilities:** $24K
- **Jobs reported:** 32
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*